@Patrick M. yeesh rent control, a temporary government program from the Great War (World War ONE) run amok until the present day.

Government money paid the bill for several months, then it stopped.

You may be able to find this online (state/local government websites would be only credible source I'd trust; although, your licensed agent may be able to help.)  

Government subsidize only part of rent, some $$ tenants pay by themselves.Good luck with your adventure

@Linda Weygant It is possible that some localities have an overlay that would govern the situation but I have not heard of any. 

Conventional loans are the loans governed by Fannie Mae and Freddie Mac (if you recognize those names) and they are the lowest rate and best terms on a loan you can find.  

Conventional loans are governed by Fannie Mae and Freddie Mac (if you recognize those names).  

@Cenddie Alaban there is a lot to your post so I will try to tackle it in pieces.For the most popular loan types (FHA/Conventional/VA/USDA) these loans are actually regulated by the federal government.  

Given that you clearly have a good grasp of the mechanics, I agree that if the value is peaking and you'd eventually just have to re-buy the property from the government, holding on to it long-term is maybe not the best course.

Despite what the government and pundits tell you they never went away.